FAQ

What is life insurance

Life insurance is a contract between an insurance policy holder and insurer. The insurer promises to pay the beneficiary an amount of money (death benefit )the insured agrees to pay a premium. The death benefit is paid upon the death of the insured

What type of life insurance should someone get ?

This question I feel is best answered with asking yourself the right questions. Do you need coverage for a set amount of time or do you need something that’s more permanent ? How much coverage do you need in the event of your passing ? In my opinion one of the most important questions is what is your budget for your premium? It’s very important to have an affordable premium while getting the coverage you need. These are all important things to discuss with your agent to help get in the right type of insurance for your needs.
 

What is a rider ?

A rider is an add on to an insurance policy. it typically provides options that adds benefits to a policy. They usually have an additional cost if the policy holder decides to add one.
 

What is accidental death and dismemberment insurance

This is a policy that pays out the death benefit to the beneficiary if cause of death is caused by an accident. this differs from traditional life insurance in that it doesen’t cover a death that comes from sickness or natural causes. The advantage is its generally less expensive.